Next move for IOU would be to secure funding for BNPL loan book. Will it be equity or debt raise ?
Quarterly report did mention a possible raise this quarter.
Rely got $100mil SGD which is around RM$300mil
Aaron should give Goldbell Financial a callThe service will be made available to merchants under Razer Merchant Services.
Razer Fintech has announced its partnership with buy now, pay later service provider Rely to offer BNPL services to Southeast Asian merchants registered under Razer Merchant Services (RMS).
Through this partnership, RMS’ merchants will be able to provide interest-free BNPL solutions for its customers.
This partnership follows a recent announcement by Rely to expand its services in Singapore, Malaysia, and South Korea after securing capital from Goldbell Financial Services to process up to $100m in buy now, pay later transactions.
Razer Fintech is the financial technology arm of Razer Inc., a technology company that is popular to gamers.
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